from Obama administration.
Let us look at the deeds done by this crowd:
Cash for clunkers: short term good with a sharp rise in the price of a good used car that gets good mileage which was bad
"Stimulus" paved a road near my house which never needed paving. Multiply that 10,979 times with a $5K "Paid Fo by yo Daddy" sign thrown in each time.
The Insurance Company and Dope Company stockholder and corporate employee Stimulus Package masquerading as The Health Care Bill
and on and on.
The kicker sports fans is that all of this "gain" we are seeing is with 3% money and less for the banks.
When reality sets in again and interest rates settle BACK WHERE THEY SHOULD BE at 8% the recession will kick in for another 5 years untilwe cut spending in the run away entitlement programs social security and Medicare.
Do any of you understand what the rise in interest rates does to the deficit in terms of how much we will have to borrow, the limitson who will loan tous and how much we have to pay MORE ON EXISTING DEBT; both as a country and most importantly, IN THE PRIVATE BUSINESS SECTOR?
Let us look at the deeds done by this crowd:
Cash for clunkers: short term good with a sharp rise in the price of a good used car that gets good mileage which was bad
"Stimulus" paved a road near my house which never needed paving. Multiply that 10,979 times with a $5K "Paid Fo by yo Daddy" sign thrown in each time.
The Insurance Company and Dope Company stockholder and corporate employee Stimulus Package masquerading as The Health Care Bill
and on and on.
The kicker sports fans is that all of this "gain" we are seeing is with 3% money and less for the banks.
When reality sets in again and interest rates settle BACK WHERE THEY SHOULD BE at 8% the recession will kick in for another 5 years untilwe cut spending in the run away entitlement programs social security and Medicare.
Do any of you understand what the rise in interest rates does to the deficit in terms of how much we will have to borrow, the limitson who will loan tous and how much we have to pay MORE ON EXISTING DEBT; both as a country and most importantly, IN THE PRIVATE BUSINESS SECTOR?
